A loonie is pictured in North Vancouver, B.C., Tuesday, Dec.31, 2013.(JONATHAN HAYWARD/THE CANADIAN PRESS)

You think the loonie’s weak? Check out the Aussie dollar

SCOTT BARLOW

— The Globe and Mail

Published Wednesday, Jan. 08, 2014 1:03PM EST

Last updated Wednesday, Jan. 08, 2014 1:03PM EST

Rising real U.S. Treasury rates and an improving economic outlook have seen the U.S. dollar make big moves higher against most major currencies, not just the loonie. Comparing the decline of the Canadian dollar relative to the euro, yen, Australian dollar, South Korean won and Brazilian real also offers significant clues on the global economic outlook.